LYON, France--(BUSINESS WIRE)--Reportlinker.com announces that a new market research report related to the worldwide insurance industry is now available to its catalogue.

With the exception of niche markets, such as specialist car insurance, domestic appliance insurance or high net-worth insurance, personal lines business is viewed by the industry as being unprofitable.

Travel Insurance: Making Sure You're Covered

However, several weeks after booking his trip, he became concerned about his sister's medical condition. She was battling cancer, and he decided to purchase trip insurance through the airline's Web site. "The morning we were supposed to leave on the trip, I ended up having to cancel the airline tickets because I received a call very early in the morning that my sister had taken a turn for the worse," he said. Pascucci's sister died a week later.

NBC 10's Audrey Laganas said he filed a claim with the travel insurance company, Access America. He was asked to submit some documents, including signed paperwork from his sister's doctor. "I was told everything looked good -- that it had to have a supervisor's approval, but the representative was approving it and forwarding it for payment," Pascucci said.

Weighing options of travel insurance

We see terrorist attacks at airports, record airline delays and bankruptcies among travel providers. No wonder people are buying so much travel insurance.

"We're not huge fans of travel insurance," says Greg Daugherty, executive editor of Consumer Reports. .

Think hard before shelling out for travel insurance

We see terrorist attacks at airports, record airline delays and bankruptcies among travel providers. No wonder people are buying so much travel insurance. But is all that spending – $1.3 billion in 2006, at least twice the annual figures before Sept. 11, 2001 – worth it?

'Honesty is best policy when applying for travel insurance'

British holidaymakers should look to be completely open when applying for travel insurance cover, an industry expert has claimed.Carmel McCarthy, public relations manager for Direct Line, claimed that unless tourists are "honest and upfront" they may find themselves with an inadequate travel insurance policy.As a result, she suggested that those who fail to make insurers aware that they are on medication or have an existing condition could find themselves without cover while abroad.Tourists travelling to the United States were particularly advised to be honest with insurers as the cost of medical treatment in the country is "really high".Earlier this year, Steve Foulsham, technical services officer for the British Insurance Brokers' Association, claimed that those who have had a long history should still be able to take out travel insurance."It just unfortunately means you have to dig around a little bit more," he said.© Adfero Ltd

Over 65s Face Travel Insurance Battle

Many elderly UK residents with pre-existing medical conditions face a struggle to acquire Travel insurance prior to their Holiday, reports the Mail on Sunday.A recent campaign from Macmillan Cancer Support highlighted the difficulties faced by those who have, or have had cancer, when trying to purchase travel insurance, with many turned down by High Street insurers.However, Dr Krish Shastri of Surrey firm InsureCancer, told the newspaper that "appropriate cover is available from specialist insurers".He admitted, though: "Specialist insurers would not cover patients with cancer or severe medical conditions if they were travelling to certain destinations. For example, we will not cover the Maldives because there is no suitable hospital where customers can go if they need treatment." Though travel insurance premiums do increase with age, as the risk of making a claim due to a medical condition rises, the importance of travelling with adequate cover should not be discounted.The majority of travel insurance claims are caused by medical emergencies, with an average claim of over £1,200.

Holidaymakers: Don’t get burned twice by holiday crime with ...

Ten per cent of British holiday makers risk the validity of their travel insurance because they do not report thefts to local police, research from Moneysupermarket.com has revealed. With their array of gadgets, such as digital cameras, tourists are easy targets for opportunist thieves, and victims could face not only the crime itself but also find that the item will not be covered by their travel insurance if they failed to report it to authorities within 24 hours. The survey of 1011 Brits, aged 18 and older, found that one in ten do not report a theft until they return home, therefore jeopardising their cover, and seven per cent only think to ring their insurance company first, when the police should be their first port of call. Richard Mason, director of insurance at moneysupermarket.com, said: “Don't let your relaxed holiday attitude make you vulnerable to crime; keep vigilant and report a theft within 24 hours.

Travel insurance - over-65s

Despite the fact that senior citizens are one of the most likely groups to journey overseas, they often face discrimination when buying travel insurance. For example, some providers often those used by travel agents simply impose an age limit and refuse to cover the over-65s. Some insurers no longer offer multi-trip annual cover to older travellers, thus excluding them from the cheapest option.

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Insurance tips may end travelers’ headaches

But before they do so, the Independent Insurance Agents of Ohio recommends summer travelers review insurance policies with their independent agents to make sure their vacation investment, personal property and identity are properly protected.

Planning a vacation is a big task, but consumers should not overlook one very important issueare they properly insured for this trip should something go wrong? The Ohio Big I recommends taking the following steps before leaving for vacation:

Travel insurance

Consider what will happen if you cancel or interrupt a trip because a family member becomes sick or injured, the airline or cruise line declares bankruptcy or a natural disaster occurs in a city on your itinerary? Travel insurance provides trip cancellation and trip interruption coverage for the pre-paid and non-refundable portion of your trip.